Asia

Coal Trade
2023-11-23

Coal Import for Power Plants Grew 65% In October
Rising consumption of electricity has stretched coal supplies at power plants | Photo Credit: RAJESH NThermal power plants (TPPs) imported 65 per cent more coal on a monthly basis during October 2023, as India’s power consumption surged, aided b
Energy Investment
2023-11-23

Global Financial Institutions Jump at Chance to Boost China Presence
Many global financial institutions have been briskly stepping up investments and increasing their presence in China this year, as the country's brightened economic outlook and steady opening up are offering more opportunities, despite a sluggish g
Electric Vehicle Battery
2023-11-23

Volkswagen Is Getting Closer to Cell-To-Pack (c2p) EV Batteries
Volkswagen Group China has begun producing battery systems at a new factory in Hefei, China for its MEB platform EVs in the country. The initial capacity of the plant will be 150,000-180,000 EV packs per year, and marks VW’s first wholly-owned b
Electric Vehicles
2023-11-23

Pony.ai Nabs Another License to Test L4 Autonomous Trucks on China's Open Roads
After years of expanding autonomous robotaxi rides throughout China, self-driving specialist Pony.ai continues to scale its technology in another segment – commercial trucks. Today, the company announced it has acquired the first ever license in
Power Construction
2023-11-23

Report: Upgrading Global Grids Could Cut Clean Energy Transition Costs by $3TR by 2040
Image: Credit: iStockResearch estimates investing in grid upgrades to prepare for influx of renewable energy capacity would in many cases be cheaper than failing to take action at allUpgrading power grids worldwide to support the vast amounts of additiona
Oil Price
2023-11-23

China Oil Demand Growth Poised to Slow to Around 4% In H1 2024 -Analysts
Oil and gas tanks are seen at an oil warehouse at a port in Zhuhai, China October 22, 2018. REUTERS/Aly Song/File Photo Acquire Licensing RightsChina's oil demand growth is likely to ease in the first half of 2024 to around 4%, according to consul
Oil Price
2023-11-23

Oil Down More Than 1% As Uncertainty Swirls Over Delayed OPEC+ Meeting
The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. Picture taken November 22, 2019. REUTERS/Angus Mordant/File Photo Acquire Licensing RightsOil prices fell by more than 1% on Thursday, exte
Energy Storage Project
2023-11-23

Stellantis and CATL Sign Strategic MoU for the Local Supply of LFP Batteries for European Market; Possible JV
Stellantis N.V. and CATL signed a non-binding Memorandum of Understanding (MoU) for the local supply of LFP battery cells and modules to power Stellantis’ electric vehicle production in Europe. To further support Stellantis’ electrific
Hydropower Plant
2023-11-23

Capacity of Hydropower Plants in Central Asia Set for 8900MW Increase by 2035, Suggests Edb's Nikolai Podguzov
Nikolai Podguzov, Chairman of the Eurasian Development Bank (EDB) Management Board, has suggested that the capacity of hydroelectric power plants in Central Asia is set to surge by 8900MW by 2035. Speaking at the recent World Hydropower Congress in Bali,
Nuclear Power Plant (NPP)
2023-11-23

South Korea, UK Agree to Bolster Nuclear Cooperation
A new Clean Energy Partnership between the UK and South Korea, together with nine memorandums of understanding regarding cooperation in nuclear energy, have been signed during a state visit by Korean President Yoon Suk Yeol to the UK. The construction of
Geothermal Heating Project
2023-11-23

Sinopec Reports 15% Growth in Geothermal Heating Capacity for Winter
Winter sunshine at International Sculpture Park, Beijing, China (source: Caitriana Nicholson / flickr, Creative Commons)The China Petrochemical Corporation (Sinopec) has officially started the geothermal heating service in China, putting into operation mo
Microgrid
2023-11-23

New AC/DC Hybrid Microgrid to Be Built in Singapore
Source: Arpan on Shutterstock / Shutterstock.comThe National University of Singapore (NUS) has signed a Master Research Collaboration Agreement with Keppel, a Singapore-based global asset manager and energy infrastructure provider, to model and create a n
Oil & Gas Trade
2023-11-23

Qatarenergy Is Beneficiary of $570 Mln Ruling Against Endesa - Sources
The logo of Spanish power company Endesa tops it headquarters in Madrid, Spain, April 27, 2022. REUTERS/Susana Vera/File Photo Acquire Licensing RightsQatarEnergy is the company to which Spanish power utility Endesa (ELE.MC) will have to pay $570 million
Offshore Wind Power
2023-11-23

BP, Corio Plan to Invest Over $1 Billion in South Korea Wind Farms -Ministry
South Korea's Ministry of Trade, Industry and Energy said on Wednesday British-based offshore wind firm Corio Generation and BP PLC (BP.L) have submitted investment plans for wind farm projects in South Korea totaling $1.16 billion.The projects, w
Net Zero
2023-11-22

Maersk signs green methanol deal with China's Goldwind
The world's first methanol-fueled container vessel Laura Maersk, owned by shipping company Maersk, is seen in Copenhagen, Denmark September 14, 2023. REUTERS/Jacob Gronholt-Pedersen/File Photo Acquire Licensing RightsMaersk (MAERSKb.CO) said on We

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Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms

Asia

Coal Import for Power Plants Grew 65% In October

Global Financial Institutions Jump at Chance to Boost China Presence

Volkswagen Is Getting Closer to Cell-To-Pack (c2p) EV Batteries

Pony.ai Nabs Another License to Test L4 Autonomous Trucks on China's Open Roads

Report: Upgrading Global Grids Could Cut Clean Energy Transition Costs by $3TR by 2040

China Oil Demand Growth Poised to Slow to Around 4% In H1 2024 -Analysts

Oil Down More Than 1% As Uncertainty Swirls Over Delayed OPEC+ Meeting

Stellantis and CATL Sign Strategic MoU for the Local Supply of LFP Batteries for European Market; Possible JV

Capacity of Hydropower Plants in Central Asia Set for 8900MW Increase by 2035, Suggests Edb's Nikolai Podguzov

South Korea, UK Agree to Bolster Nuclear Cooperation

Sinopec Reports 15% Growth in Geothermal Heating Capacity for Winter

New AC/DC Hybrid Microgrid to Be Built in Singapore

Qatarenergy Is Beneficiary of $570 Mln Ruling Against Endesa - Sources

BP, Corio Plan to Invest Over $1 Billion in South Korea Wind Farms -Ministry

Maersk signs green methanol deal with China's Goldwind

Italy Allocates 1.72 GW in Rooftop PV Tender for Agricultural Firms

Bangladesh Power Agency Tenders 120 MW of Solar

South Korea Launches 1.25GW Offshore Wind Tender

Montenegro Utility Launches 240 MWh Battery Storage Tender

Green Genius to Invest over 100 mln Euros in Solar Energy in Poland

Norway’s First Floating Wind Tender Attracts Two Bids